Reserve Bank of Australia keeps cash rate at 2.0%

News
July 7, 2015

At its first board meeting marking the brand new financial year, the Reserve Bank of Australia has today decided to leave the official cash rate unchanged at 2.00%.
The Reserve Bank has continued with its wait and see approach after a week of turmoil on financial markets as a result of the Greek financial crisis.
Even though the cash rate has remained unchanged, there are still daily changes in the finance market as a result of increasingly intense competition amongst lenders. So, it’s still wise for us to talk if we haven’t spoken in a while to ensure you’re still in the right finance solution.

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